In the six months to December 31, 2009, Infigen reported EBITDA from continuing operations and after corporate costs of $77.6 million. Statutory EBITDA was $84.2 million.

Company watchers will be curious about the impact of the company’s new board composition. Jason Steed, an analyst at JPMorgan, asked, “new board, new direction?" in a recent research note.

In November last year, Infigen’s biggest shareholder, The Children’s Investment Fund Management, muscled its way onto the board, with Philip Green, a partner in the activist hedge fund, appointed as a non-executive director. TCI’s desire to join the board triggered the resignation of the company’s chairman. Another director left after TCI said it would vote against his reappointment.

Another key focus of the results is expected to be the company’s rising operating costs, Citigroup analyst Marie Miyashiro said.Like many wind power companies, Infigen is facing rising operating costs as the original warranty period for turbine suppliers ends. Turbine manufacturers originally provided operation and maintenance of the turbines at a discount, but those periods are now ending.

“With legacy contracts rolling off, a key focus of the result will be the trend in O&M (operation and maintenance) costs. Management has previously highlighted the increase in costs associated with renewing O&M contracts," said Ms Miyashiro.

Another area to watch, Deutsche Bank analysts say, will be distribution guidance. Infigen didn’t pay an interim distribution for the six months ended December 31 2009.